A London Market Insurer have a great opportunity for a Senior Claims Adjuster within their Marine claims team. The position is a broad Marine role, including Hull, Cargo, Liability, War and Transport & Logistics claims. Applicants should have previous experience of handling Hull, Cargo and/or Marine Liability claims.
The role involves the examination, analysis, negotiation and settlement of claims from cradle to grave. This includes the review of claims data and underwriting documentation to ascertain validity of losses notified and establish premium payment status. The handler is required to establish adequate reserves and make reserving judgements of potential anticipated losses in a timely and professional manner to meet levels of service expected by internal and external customers.
The position will be actively involved in the negotiation of settlements, attending market meetings, and authorisation of claims, therefore must have good knowledge of relevant processes. As well as adhering to all internally set Key Performance Indicators, the handler must comply with all regulatory requirements.
Duties and Responsibilities
Review and handle claims reported to the London Marine team.
Take a lead role in reviewing and handling claims reported to the UK Retail Marine class of business.
Ensure adequate reserves are established and that claims are settled promptly.
Liaise with Brokers (or directly with insureds) regarding claims progress and adjustment progress.
Manage relationships with service providers, including TPAs, outsource providers and panel lawyers and adjusters.
Support Underwriting colleagues with the development of the Marine lines of business and attend marketing meetings to showcase the company claims offering.
Attend internal claim meetings, market meetings and seminars and represent the company as and when required.
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